Bayesian Capital Management LP Sells 4,800 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Bayesian Capital Management LP trimmed its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 35.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,600 shares of the consumer goods maker's stock after selling 4,800 shares during the quarter. Bayesian Capital Management LP's holdings in Anheuser-Busch InBev SA/NV were worth $431,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Dodge & Cox lifted its stake in Anheuser-Busch InBev SA/NV by 27.7% in the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock valued at $2,002,641,000 after acquiring an additional 8,670,940 shares during the last quarter. Artisan Partners Limited Partnership bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $56,849,000. Raymond James Financial Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $37,311,000. Alberta Investment Management Corp bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $28,540,000. Finally, The Manufacturers Life Insurance Company increased its position in Anheuser-Busch InBev SA/NV by 7.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock worth $379,004,000 after buying an additional 505,206 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on BUD shares. StockNews.com downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating for the company. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. Finally, TD Cowen cut their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Buy" and an average target price of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $66.18 on Wednesday. The firm has a 50-day moving average price of $62.96 and a two-hundred day moving average price of $56.63. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The company has a market capitalization of $118.94 billion, a P/E ratio of 20.43, a P/E/G ratio of 1.73 and a beta of 0.83. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.13. The business had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. Analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be paid a $1.0492 dividend. This represents a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 7th. This is an increase from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV's payout ratio is 26.46%.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

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